The stamp duty is a tax required by law that applies to financial products, including the investments on Satispay. It is currently set at 0.20% per year and is calculated based on the value of your investment. The exact amount you will pay depends on how long you keep the investment active during the year, thanks to the proportional (pro-rata) calculation carried out at the end of each calendar year. The good news is you don’t need to worry about any calculations or payments, we handle everything for you!
The amount due is automatically withdrawn from your Satispay Balance once a year, usually in January with reference to the previous year. Just make sure you have sufficient funds in your Balance at that time.